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What is the last date for token tax in Punjab?
Punjab Excise, Taxation and Narcotics Department has announced a new deadline for payment of vehicle token tax. “Only sixteen days left as payment deadline is extended to August 31, 2021,” the department said. In an announcement, the department has offered a 15% rebate if the consumers pay the tax through E-Pay.
How can I pay my token tax online in Punjab Pakistan?
Paying your taxes/fees via ePay Punjab allows you to go cashless and paperless with convenience.
- Download the App (ePay Punjab App) To avail convenient tax payment services of ePay, download the App from Apple App Store or the Google Play Store.
- Select a Service (Levy) (Facility)
- Generate PSID for payment.
- Make a Payment.
What is life time token for cars in Punjab?
LAHORE: Owners of vehicles of up to 1,000cc will be required to pay Rs17,700 to obtain a lifetime token for their cars rather than the Rs10,950 it cost previously, Excise and Taxation Director General Humayun Mazhar Sheikh told The Express Tribune on Monday.
What is token fee?
: a very small payment made upon a debt and intended by the payer merely to acknowledge the existence of the obligation.
What is PSID number for token tax?
PSID is a 12-digit unique code which generates against your selected vehicle for paying the tax.
Can I pay token tax through easypaisa?
ISLAMABAD: Easypaisa users can now conveniently pay their vehicle token tax through the Easypaisa App, for vehicles registered with Punjab, Islamabad or Sindh Excise departments. The Easypaisa App is the leading digital payments App in the country, making vehicle tax payments easy and hassle-free.
What is token tax on vehicles?
Rates of Token tax, Income Tax, Professional Tax for Motor Car
| Engine Capicity | Tokan Tax MVT Local Vehicles | Income Tax (2021-22) |
|---|---|---|
| Motor Cars 1000 CC | 15000 | 20000 |
| 1000 to 1199 CC | 1800 | 3000 |
| 1200 to 1299 CC | 1800 | 3500 |
| 1300 CC | 1800 | 5000 |
What is lifetime token tax?
In the Finance Act 2019, the interior ministry has introduced lifetime token tax on cars/jeeps having the engine capacity up to 1000 cc from July, which is mandatory in Islamabad. Earlier, the per annum facility was available to owners of cars falling in this category in the federal capital.
What is nominal fee?
A nominal fee is below the price of the service provided or presumably easy for a consumer to afford, or a fee that is small enough that it does not have any meaningful impact on one’s finances. Nominal may also refer to a rate that’s been unadjusted for inflation.
What does payment method with token mean?
This new payment method replaces sensitive debit or credit card data with a unique identification code called a ‘token,’ which is used during a digital transaction. Online transactions are therefore more secure because the customer’s actual card data no longer needs to be provided.
How do I check my payment on PSID?
A user will be able to see the PSID generated against a particular B/L or GD in the sub-menu of ‘View Generated PSIDs for E-Payment’ in the ‘Payment Management’ tab. made? Yes. In sub-menu ‘Print Computer Generated Payment Receipt’ of the ‘Payment Management’ tab.
How can I register my PSID for mobile?
Providing Your Device’s IMEI Number(s) You have to provide the IMEI number for each of the SIM slots in your phone. Note: The easiest way to check your device’s IMEI number(s) is by dialing *#06#. Once you are done submitting the IMEI number of your mobile device, the system will generate a unique PSID.
Can we pay token tax through JazzCash?
Citizens of Balochistan can now pay their Vehicle Registration, Vehicle Token Tax, Property Tax and other similar taxes through JazzCash using payment options such as JazzCash Mobile Accounts or JazzCash’s retail network prior to visiting the Excise and Taxation department.
How much is life time token for cars in Punjab?
Rs17,700
LAHORE: Owners of vehicles of up to 1,000cc will be required to pay Rs17,700 to obtain a lifetime token for their cars rather than the Rs10,950 it cost previously, Excise and Taxation Director General Humayun Mazhar Sheikh told The Express Tribune on Monday.
What is a token fee?
(of a small amount of money) that you pay or charge somebody only as a symbol, because a payment is expected synonym nominal. We charge only a token fee for use of the facilities.
What is real price?
The relative or real price is its value in terms of some other good, service, or bundle of goods. The term “relative price” is used to make comparisons of different goods at the same moment of time.
What is token number in online payment?
Tokenisation is the process of replacing the 16-digit credit or debit card number for mobile and online transactions with a unique digital identification known as a “token”, it is a random string of 16-digit numbers. Payments can then be completed without disclosing the cardholder’s account information.